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i'll call it the economy tax. it's been crushing. >> let's talk about taxes, because i think it's instructive. now, four years ago when i stood on this stage, i said that i would cut taxes for middle class families, and that's exactly what i did. we cut taxes for middle class families by about $3,600, and the reason is because i believe that we do best when the middle class is doing well. >> that was just a couple of highlights from last night's presidential debate. we're going to go more than just play soundbytes. we're going to replay the entire debate next hour of cnn newsroom, so you can judge for yourself just how the candidates performed. which candidate would do a better job of growing a sluggish economy? voters, they're looking for answers. last night's debate, did they actually even get them? we're going to bring in our cnn chief business correspondent alshi velshi. an incredible debate. ali, i want to start off with you first. >> yeah. >> one of the things that mitt romney was very consistent on, the mes
i'll call it the economy tax. it's been crushing. >> let's talk about taxes, because i think it's instructive. now, four years ago when i stood on this stage, i said that i would cut taxes for middle class families, and that's exactly what i did. we cut taxes for middle class families by about $3,600, and the reason is because i believe that we do best when the middle class is doing well. >> that was just a couple of highlights from last night's presidential debate. we're going to...
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it's good for the economy. it's good for our national security. that's what i mean when i say we need to go forward. that's what we're going to need to do. we need to give every american the chance to compete by making sure we've got the best education system in the world. that's the reason i'm standing here today. that's the gateway of opportunity and the gateway of the middle class. and because of the work we've already done, millions of young people are better able to afford college already. and now we've got to do more by hiring 100,000 new math and science teachers. by making sure that we're providing millions of new slots for folks to retrain at community colleges for the jobs that exist right now. continue to lower tuition costs for students so they're not loaded up with debt once they graduate. my opponent thinks that it makes sense for us to gut our investment in education in order to give a tax break to the wealthy. i disagree. i think what the united states of america means is that no child should be deprived of a good education. it mea
it's good for the economy. it's good for our national security. that's what i mean when i say we need to go forward. that's what we're going to need to do. we need to give every american the chance to compete by making sure we've got the best education system in the world. that's the reason i'm standing here today. that's the gateway of opportunity and the gateway of the middle class. and because of the work we've already done, millions of young people are better able to afford college already....
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(train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. and the candidate's speech is in pieces all over the district. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his phone. [ candidate ] and thanks to every young face i see out there. [ woman ] his phone is one of his biggest supporters. [ female announcer ] with cisco at the center... working together has never worked so well. >>> about 32 hours away from the obama-romney debate in denver. while debates may not always change the course of the election they can have some powerful moments. revealing something about the politicians running for president. anderson cooper shows us some of the most memorable debates. >> reporter: september 26, 1960. first presidential deless viced debate. appearances mattered more than ever and gaffes however small are magnified
(train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. and the candidate's speech is in pieces all over the district. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his phone. [ candidate ] and thanks to every young face i see out...
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every free economy has good regulations. at the same time, it could be become excessive. >> is it engs cessive now? >> in some places. and out of date. in some legislation passed during the president's term, have you seen regulation become excessive and it's hurt the economy. let me give you an example. dodd frank passed and includes within it a number of provisions that i think has a number of consequences. banks too big to fail. this is the billinge ebiggest k york banks i have ever seen. 122 community and small banks have closed since dodd-frank. there is one example. >> you want to repeal dodd-frank? >> repeal and replace it. we're not getting rid of all regulation. there are some parts of dodd-frank that make all the sense in the world. you need transparency, you need to have leverage limits for -- >> here is the specific -- >> excuse me. >> let's talk about the big one. >> no, let's not. let's let him respond, let's let him respond to dodd frank and what the governor said. >> i think this is a great example, the reason
every free economy has good regulations. at the same time, it could be become excessive. >> is it engs cessive now? >> in some places. and out of date. in some legislation passed during the president's term, have you seen regulation become excessive and it's hurt the economy. let me give you an example. dodd frank passed and includes within it a number of provisions that i think has a number of consequences. banks too big to fail. this is the billinge ebiggest k york banks i have...
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how is the economy doing? joined by alison kosik, new york stock exchange, to talk a little bit about this. alison, the candidates will be pressing each other on the whole issue of jobs. what does the picture look like for jobs? >> you know, with jobs, it is improving slowly, but the reality is it is just not great. we got another little sliver of information today from adp, it said private sector employment gained by 162,000 jobs in september, but this is just a clue of what to expect on friday from the government jobs report. that's really the biggie, the report that counts. it factors in the private sector jobs, it counts government jobs which actually have been shrinking and the expectation is that the economy added 110,000 jobs in september. and, you know, that would be just be okay, because the reality is we have got a long way to go. in early 2009, the economy lost over 800,000 jobs a month. this by the way is the year that president obama took office. compared to that, 110,000 on friday would be good.
how is the economy doing? joined by alison kosik, new york stock exchange, to talk a little bit about this. alison, the candidates will be pressing each other on the whole issue of jobs. what does the picture look like for jobs? >> you know, with jobs, it is improving slowly, but the reality is it is just not great. we got another little sliver of information today from adp, it said private sector employment gained by 162,000 jobs in september, but this is just a clue of what to expect on...
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the economy is still growing slow. as a matter of fact, it's growing much more slowly now than when you made the statement. if you believe the same thing, you don't want to raise taxes on people. and the reality is, it's not just wealthy people, not just donald trump are you taxing. it's all the businesses that employ one quarter of the workers in america, that are taxes as individuals. you raise taxes and you kill jobs. that's why the national federation of independent businesses say your plan will kill 700,000 jobs. i don't want to kill jobs in this environment. i want to make one more point. >> let him answer the tax thing for a moment. >> okay. >> mr. president. >> well, we've had this discussion before. >> well, in order -- about the idea to reduce the deficit, there has to be revenue in addition to cuts. >> there has to be revenue in addition to cuts. >> mr. romney has rule out revenue. >> look, the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and balanc
the economy is still growing slow. as a matter of fact, it's growing much more slowly now than when you made the statement. if you believe the same thing, you don't want to raise taxes on people. and the reality is, it's not just wealthy people, not just donald trump are you taxing. it's all the businesses that employ one quarter of the workers in america, that are taxes as individuals. you raise taxes and you kill jobs. that's why the national federation of independent businesses say your plan...
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our economy doesn't grow from the top down. it grows from the middle out. we don't believe that anybody's entitled to success in this country. but we do believe in opportunity. we believe in a country where hard work pays off and responsibility is rewarded and everybody is getting a fair shot. and everybody is doing their fair share and everybody is playing by the same rules. that's the country we believe in. that's what we have been fighting for the last four years. that's what we are going to put in place in the next four years, if you re-elect me as president of the united states of america. that's what we're going to do. >> and a very friendly crowd at the george mason university campus in fairfax, virginia. and you're hearing some of the typical stump speech, but not only two minutes into the stump speech, the president was able to say we have the lowest unloimt number u unemployment numbers out this morning as soon as i took office and then we have come too far to turn back now. and was able to reinvoke another reference to big bird, which is getting
our economy doesn't grow from the top down. it grows from the middle out. we don't believe that anybody's entitled to success in this country. but we do believe in opportunity. we believe in a country where hard work pays off and responsibility is rewarded and everybody is getting a fair shot. and everybody is doing their fair share and everybody is playing by the same rules. that's the country we believe in. that's what we have been fighting for the last four years. that's what we are going to...
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at the same time, you see very negative things in the economy. and, depends on, you know, when the surveys were done and they are done weekly and it depends how the question is asked. but it is dramatic and everybody, right now, watching, needs to look at the poll and, rick, i applaud you for pointing the poll out, because it is a very important poll to show the divide in the country. >> rick: on the question of impact. consumer confidence, how big of a deal is that overall? if people are more confident about the econo, what kind of affect does it have on the economy? >> well, it does to a degree. it really depends if it is trending and, consumer confidence is slowly trending higher. but it is nowhere where it should be, when consumer confidence is really high, you know, you see retailers starting to spends more money and bank starting to lend more, they start to look at the number, quite a bit and right now it has to be in that range where everyone is kind of waiting to see what happens, because the election, is truly a turning point in the coun
at the same time, you see very negative things in the economy. and, depends on, you know, when the surveys were done and they are done weekly and it depends how the question is asked. but it is dramatic and everybody, right now, watching, needs to look at the poll and, rick, i applaud you for pointing the poll out, because it is a very important poll to show the divide in the country. >> rick: on the question of impact. consumer confidence, how big of a deal is that overall? if people are...
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if people are more confident about the economy, what kind of affect does it have on the economy? >> well, it does to a degree. it really depends if it is trending and, consumer confidence is slowly trending higher. but it is nowhere where it should be, when consumer confidence is really high, you know, you see retailers starting to spends more money and bank starting to lend more, they start to look at the number, quite a bit and right now it has to be in that range where everyone is kind of waiting to see what happens, because the election, is truly a turning point in the country. and it will go one way or the other way and banks, and insurance companies and everybody who spends money in the country, is really waiting to see what happens with the election. >> rick: here's what i am getting at. >> okay. >> rick: one of those guys is going to lose, and a lot of the people who supported that guy, whoever loses, is going to be very upset. and you could imagine their confidence being lowered, as a result of their favorite candidate losing. so if we look ahead, post-election day, and
if people are more confident about the economy, what kind of affect does it have on the economy? >> well, it does to a degree. it really depends if it is trending and, consumer confidence is slowly trending higher. but it is nowhere where it should be, when consumer confidence is really high, you know, you see retailers starting to spends more money and bank starting to lend more, they start to look at the number, quite a bit and right now it has to be in that range where everyone is kind...
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Sep 30, 2012
09/12
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you all say you're not happy with the economy at this point. what is different about a second term president obama than a first term? >> well, you are absolutely right. the president is not satisfied. we've come a long way from when we were losing 800,000 jobs a month in january of 2009 when he took office. we've now created five million private sector jobs. we're net positive in terms of jobs. the hole is huge, and we have to not only fill that hole, but create an economy in which the middle class has a chance, and candy, we're not going to get there by going back to the same policies we've had before. >> how are we going to get there? >> we're going to do it by responsibly dealing with these deficits while leaving money to invest and those things we need to grow -- education, research and development, clean energy technology. >> those aren't sort of specific proposals. what i'm asking you is -- >> let's talk about -- >> they haven't passed. >> 100,000 new math and science teachers. we need that to move forward as a country. >> that's a goal t
you all say you're not happy with the economy at this point. what is different about a second term president obama than a first term? >> well, you are absolutely right. the president is not satisfied. we've come a long way from when we were losing 800,000 jobs a month in january of 2009 when he took office. we've now created five million private sector jobs. we're net positive in terms of jobs. the hole is huge, and we have to not only fill that hole, but create an economy in which the...
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, number two the economy, number three the economy. so you add that all up. i'm getting like 45 minutes on the economy. now, it's a big subject. but i do think that there is a chance there to go in depth. but a lot of that depends on these two candidates. are they willing to go in depth? are they willing to engage with each other about specifics? are they willing to kind of reveal their specifics? in some ways it's up to them. but certainly the time is there. >> how can they not go in depth? they can't stand there and not say anything to fill the remaining 13, 12, 10 minutes. >> you'd be surprised how well politicians can fill time saying very little. but i would think the opportunity is there and the pressure is there particularly on mitt romney, but also on the president. there's a lot of pressure to say, okay, so how do you create jobs? we know you both want to create jobs. we know you both don't think the other is doing it the right way. what specifically are you going to do? how specifically will you bring down the deficit? there'
, number two the economy, number three the economy. so you add that all up. i'm getting like 45 minutes on the economy. now, it's a big subject. but i do think that there is a chance there to go in depth. but a lot of that depends on these two candidates. are they willing to go in depth? are they willing to engage with each other about specifics? are they willing to kind of reveal their specifics? in some ways it's up to them. but certainly the time is there. >> how can they not go in...
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of the economy right now? is there too much? and in your case, mr. president, should there be more? beginning with you, this is not a new two-minute segment. we'll go for a few minutes and then we're going to go to health care. okay? >> regulation is essential. you can't have a free market work if you don't have regulation. as a business person, i had to have -- i needed to know the regulations. i needed them there. you couldn't have people opening up banks in their garage and making loans. you have to have regulations so that you can have an economy work. every free economy has a good regulation. at the same time, regulation can become excessive. >> is it successful now? >> in some places, yes. it could become out of date. what's happening with some of the legislation passed during the president's term, you've seen regulation become excessive and it's hurt the economy. dodd-frank was passed, and it includes provisions that have it telling banks too big to fail. this is the biggest kiss that's been given to ne
of the economy right now? is there too much? and in your case, mr. president, should there be more? beginning with you, this is not a new two-minute segment. we'll go for a few minutes and then we're going to go to health care. okay? >> regulation is essential. you can't have a free market work if you don't have regulation. as a business person, i had to have -- i needed to know the regulations. i needed them there. you couldn't have people opening up banks in their garage and making...
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health care program going and have everyone be on the same page and we've got to go and stimulate the economy to get our gdp again up to 4% or 5% increase every year, and to really fix our immigration problem that they have been promising us for 10, 15 years they're going to do. it's not just they say we're going to fix that but i want to know exactly how. how are they going to bring both of the parties together, sit down and really have a serious discussion and compromise rather than getting stuck in the idealogical corners. that is really the most important thing because in washington right now, nothing is happening. we haven't even had a budget in the last three years. >> romney has been hammered a lot for being very rich and a successful businessman. people using that against him, saying as many jobs as he made, he wrecked and so on. what have you made of that, somebody who is a very rich, successful man yourself, are you surprised that in america, the country that gave you the opportunity to become what you are, that they would now turn on somebody for being what used to be the great ame
health care program going and have everyone be on the same page and we've got to go and stimulate the economy to get our gdp again up to 4% or 5% increase every year, and to really fix our immigration problem that they have been promising us for 10, 15 years they're going to do. it's not just they say we're going to fix that but i want to know exactly how. how are they going to bring both of the parties together, sit down and really have a serious discussion and compromise rather than getting...
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>> the economy will be better, but it's a question of how much better. let's not forget obama promised if he enacted his so-called stimulus, by today, the unemployment rate would be down to 5.5%. so, something's gone wrong. if you look at the minneapolis federal reserve website, there's an interactive feature that allows you to look at all the the business cycles since world war ii. it's the worst gdp performance and jobs perform ann of any president. things are getting better, but at such an anemic rate. >> let's move on. go ahead. jump in. >> you know what the problem was with that promise? they should have never made that. promises get people elected. promises get things passed, so now mitt romney says i'm going to create 12 million jobs over four years. 250,000 jobs a month. a ridiculous claim and what does the obama campaign do because morning in america sounds better than evening in america, the obama campaign says there's that's a low bar. we can do that, too. >> briefly here, you mentioned the idea of a conspiracy theory. this is the white house
>> the economy will be better, but it's a question of how much better. let's not forget obama promised if he enacted his so-called stimulus, by today, the unemployment rate would be down to 5.5%. so, something's gone wrong. if you look at the minneapolis federal reserve website, there's an interactive feature that allows you to look at all the the business cycles since world war ii. it's the worst gdp performance and jobs perform ann of any president. things are getting better, but at...
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it really say fun way of looking at the economy, of how beer is affected by the way the economy is doing. overall -- you're laughing. overall it's typically considered recession proof. it's cheap. but for $8 or $9, you can get a nice six pack at home without breaking the bank. and president obama also has a home brewing kit. all sorts of ways to drink your beer. >> i like when you say it's a fun way of looking at the economy. >> make it fun and entertaining. >> we'll have a brew after the show. thank you so much, alison kosik. >>> epic smackdown and a star is born. jennifer livingston in lacrosse, wisconsin, had more than a few choice words for a fan who criticized her weight. that fan wrote, quote, obesity is one of the worst choices a person can make. then he advised livingston to reconsider your responsibility to present and promote a healthy lifestyle. livingston responded speaking directly to that man who sent her that e-mail. his name is kenneth crouse. >> do you think i don't know that, that your cruel words are pointing out something that i don't see? you don't know me. you are n
it really say fun way of looking at the economy, of how beer is affected by the way the economy is doing. overall -- you're laughing. overall it's typically considered recession proof. it's cheap. but for $8 or $9, you can get a nice six pack at home without breaking the bank. and president obama also has a home brewing kit. all sorts of ways to drink your beer. >> i like when you say it's a fun way of looking at the economy. >> make it fun and entertaining. >> we'll have a...
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only 32% of latinos think the republican party can fix the economy. this is compared to 62% who think democrats can do it. so while those numbers paint a picture of how the candidates are doing, we're going deeper. this weekend we're bringing you an in depth look with our documentary special latino in america, counting their vote. soledad o'brien went to the state of nevada. take a look. ♪ >> reporter: january 24th, 2012, washington d.c. >> i get the chills every time i walk by this building. ♪ >> reporter: congressional candidate ruben could youen has traveled across the country as a guest of his mentor, senator harry reid, to attend the state of the union address. >> this is maybe a once in a lifetime opportunity. god willing, we win this election in june, and in november and next year i'll be searching in this body as a member of congress listening to that speech. ♪ >> reporter: while in washington, ruben makes a point to meet with key latino congressmen. >> should be there. a few more offices. >> reporter: like congressman beccerra. >> congr
only 32% of latinos think the republican party can fix the economy. this is compared to 62% who think democrats can do it. so while those numbers paint a picture of how the candidates are doing, we're going deeper. this weekend we're bringing you an in depth look with our documentary special latino in america, counting their vote. soledad o'brien went to the state of nevada. take a look. ♪ >> reporter: january 24th, 2012, washington d.c. >> i get the chills every time i walk by...
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they think the economy's starting to get better. on the right track, wrong track numbers it's getting a little bit better. i think this just confirms a growing sense that we're moving forward. we're getting there. it's been a tough slog. we went from an economy that was losing nearly 800,000 jobs a month when president obama took office to a place now where the economy has created 5.2 million new jobs. so we're getting there. we're not there yet but we're getting there. >> john, mitt romney yesterday amid all the ecstasy about his debate performance took time on fox to say that he was now very sorry for saying what he said about the 47%. was that a smart political move in a moment of everyone feeling good about you to just bury that away? >> i think the timing was right that he said that, but i do hope he doesn't move away from what the bigger argument that he was trying to make, is that there are two choices in america today. are we going to become a country very, very dependent on big government that says give me all your money, g
they think the economy's starting to get better. on the right track, wrong track numbers it's getting a little bit better. i think this just confirms a growing sense that we're moving forward. we're getting there. it's been a tough slog. we went from an economy that was losing nearly 800,000 jobs a month when president obama took office to a place now where the economy has created 5.2 million new jobs. so we're getting there. we're not there yet but we're getting there. >> john, mitt...
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the worst economy since the depression. i think he will lay out that we made strides, we can do more. if you follow his path, that focus is on the economy from the middle out. we'll do a lot better in the next four years. >> mayor villaraigosa, thank you very much. candy, back to you. >> thanks, jessica we want to go on the other side of the spin room, where we find jim acosta, who also has a guest. hey, jim. >> candy, i'm joined by senior adviser kevin madden. mitt romney preparing for this debate off and on over the last month, since the republican convention. is he ready? >> i think he's very well prepared. if you look at governor romney's career, whether it's been as a governor, as head of the olympics or a business, he's always prepared. he sees this as an important opportunity to go out and really cut through a lot of clutter in the campaign, talk directly to the public about the issues. he's prepared to do that. >> one of the topics that came up tonight in the news cycle, is what governor romney said to a local news
the worst economy since the depression. i think he will lay out that we made strides, we can do more. if you follow his path, that focus is on the economy from the middle out. we'll do a lot better in the next four years. >> mayor villaraigosa, thank you very much. candy, back to you. >> thanks, jessica we want to go on the other side of the spin room, where we find jim acosta, who also has a guest. hey, jim. >> candy, i'm joined by senior adviser kevin madden. mitt romney...
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for the president that means talking about the economy, how things are still difficult but the economy is in a much better place and heading in a much better direction. for romney it will be talking about the president's failed promises and perhaps a preview of that we saw yesterday with the help of vice president biden while he was out on the campaign trail. he was describing how middle class americans will be hurt under mitt romney. and then he sort of put -- framed their plight over the last four years this way. >> this is deadly earnest. how they can justify, how they can justify raising taxes on the middle class has been buried the last four years. how in lord's name can they justify raising taxes with these tax cuts? >> vice president biden just today said that the middle class over the last four years has been, quote, buried. we agree. that means we need to stop digging by electing mitt romney the next president of the united states. of course the middle class has been buried. they're being buried by regulations. they're being buried by taxes. they're being buried by borrowing.
for the president that means talking about the economy, how things are still difficult but the economy is in a much better place and heading in a much better direction. for romney it will be talking about the president's failed promises and perhaps a preview of that we saw yesterday with the help of vice president biden while he was out on the campaign trail. he was describing how middle class americans will be hurt under mitt romney. and then he sort of put -- framed their plight over the last...
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. >> -- make sure america leads in our homes, in our economy and in our military. i need something from you. that's my commitment to you. i need you to go out and find somebody who voted for barack obama and get him to vote for me. >> he's down but not out. can he turn it around with an october surprise? let's welcome stephanie cutter. it's going reasonably well for you guys. it's been a good couple weeks, really since the conventions. you've got a bit of momentum but i guess you're not taking this too complacently. >> no, absolutely not, piers. you know, debates can be a pivotal moment in campaigns. i remember eight years ago when john kerry was getting ready to debate george bush, we were eight points down. coming out of that first debate we were tied with george bush. so there is an opportunity for mitt romney if he takes advantage of it next wednesday night, to turn the momentum around. he not only has to win this debate but has to change the dynamics in this race. we know he's going to show up prepared, disciplined and aggressive, even tim pawlenty said that h
. >> -- make sure america leads in our homes, in our economy and in our military. i need something from you. that's my commitment to you. i need you to go out and find somebody who voted for barack obama and get him to vote for me. >> he's down but not out. can he turn it around with an october surprise? let's welcome stephanie cutter. it's going reasonably well for you guys. it's been a good couple weeks, really since the conventions. you've got a bit of momentum but i guess you're...
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who would better handle the economy. they think he needs to do it tonight to shift the race in his favor. >> we'll see how he does, john. how does the president though stack up to past incumbents seeking re-election? >> when you look at these numbers that's whoo you have to say forget anybody. pay no attention to anybody who tells you this race is over. because sometimes historical trends take hold. let's look at these back through the years. this is 1992. george h.w. bush was running for re-election. look at this. he actually had pretty decent, gdp, first quarter, second kwarder, third quarter of the election year. the strength of the u.s. economy. george h.w. bush had good growth. he lost the election because bill clinton and ross perot convinced people the economy was struggling. this race this year looks a little bit like 2004. george w. bush had very struggling numbers. not so strong, decent third quarter, decent third quarter helped president bush heading into his re-election campaign. look how weak growth has been
who would better handle the economy. they think he needs to do it tonight to shift the race in his favor. >> we'll see how he does, john. how does the president though stack up to past incumbents seeking re-election? >> when you look at these numbers that's whoo you have to say forget anybody. pay no attention to anybody who tells you this race is over. because sometimes historical trends take hold. let's look at these back through the years. this is 1992. george h.w. bush was...
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most of it, though, john, is going to be on the economy. there's going to be three segments to focus on the economy. one segment on foreign policy. one segment on the role of governing and one segment on the role of government in people's lives, john. so how this is going to be set up is that the candidates will be sitting at podiums. if you're looking at your tv screen, mitt romney on your left, president obama on your right. the first question tonight, john, goes to barack obama. >> well, will they have a chance to mix it up and rebutt each other in a free-flowing way. >> organizers hope to have a flee-flowing discussion. this is the kind discussion we like to see because it allows the two candidates to discuss it amongst themselves. if there are questions about each other's plans, they can directly ask each other that. we have not seen that in this campaign and we'll see it tonight. >> you said the economy will likely be the big subject in the debate tonight. we have new polling to give a sense of what voters are saying about this right
most of it, though, john, is going to be on the economy. there's going to be three segments to focus on the economy. one segment on foreign policy. one segment on the role of governing and one segment on the role of government in people's lives, john. so how this is going to be set up is that the candidates will be sitting at podiums. if you're looking at your tv screen, mitt romney on your left, president obama on your right. the first question tonight, john, goes to barack obama. >>...
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i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and save you up to thousands of dollars in out-of-pocket costs. call today to request a free decision guide to help you better understand what medicare is all about. and which aarp medicare supplement plan works best for you. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all tra
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company....
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economy, a 12-point advantage. taxes, 9-point advantage. across the board. >> i think those polls are snap polls of people who watch the debate. so i think that this -- i really do think that it will take a while to set in. you know, we have to know who watched the debate and who didn't watch. you know, we have other debates to come. but, you know, listen, i'm not suggesting that the president had a good night last night. i think he seemed very disengaged. he seemed very slow to react. and romney was, you know, had a -- from a theatrical perspective, had a terrific evening. >> you tweeted out, which was your only tweet, no offense whatsoever. >> yeah. >> so you agree. >> i found the thing that was most surprising was that the president really seemed to have no offense. he seemed to kind of just sit there and no matter what governor romney said, and i think there was some substantial factual inaccuracies in his presentation which we're going it hear a lot about today, but the president just seemed to, you know, just sort of sit there and tak
economy, a 12-point advantage. taxes, 9-point advantage. across the board. >> i think those polls are snap polls of people who watch the debate. so i think that this -- i really do think that it will take a while to set in. you know, we have to know who watched the debate and who didn't watch. you know, we have other debates to come. but, you know, listen, i'm not suggesting that the president had a good night last night. i think he seemed very disengaged. he seemed very slow to react....
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our economy doesn't belong to just us anymore. it is a global economy. the next hour of "cnn newsroom" begins right now. >>> stoeshz we're watching right now in the newsroom, more u.s. staff leaving the embassy in tripoli, libya, as u.s. investigators try to figure out who is responsible for the attack in benghazi that killed the u.s. ambassador. a film maker hated by millions because of his anti-islam film is in jail. not because of the movie. really. the jimmy hoffa mystery solved? this is a live look at the suburban detroit home where investigators are digging right now. more from the scene in a bit. >>> get your flag pins and sense of pride. we're talking economic patriotism on the campaign trail. newsroom starts now. >>> good morning. happy friday to you. i am carol costello. we begin this hour, new intrigue in one of the most iconic crime mysteries in u.s. history. police in the detroit suburb of roseville may be breaking new ground in the 1975 disappearance of the former union boss jimmy hoffa. minutes ago crews began drilling a core sample from w
our economy doesn't belong to just us anymore. it is a global economy. the next hour of "cnn newsroom" begins right now. >>> stoeshz we're watching right now in the newsroom, more u.s. staff leaving the embassy in tripoli, libya, as u.s. investigators try to figure out who is responsible for the attack in benghazi that killed the u.s. ambassador. a film maker hated by millions because of his anti-islam film is in jail. not because of the movie. really. the jimmy hoffa mystery...
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i mean, it's had a booming economy in recent years that has slowed somewhat. it is fighting a kurdish pkk insurgency in other parts of southeastern turkey. it has a booming tourism industry. it does not need a major conflict, another one on its borders with syria right now, which could further destabilize relations with major trading partners like russia and iran, who are strong supporters of the assad regime in syria. >> we'll continue to watch it. ivan watson. ivan, thanks. >>> we will obviously continue to follow that. let's check in with isha and the "360" bulletin. >>> 18 children are dead after a landslide buried their elementary school in southwest china. the bodies were found in the village. the students wouldn't normally be at school today because of a national holiday, but they were making up classes after a series of earthquakes last month. >>> nearly a month after the >>> an fbi investigation team got to the site and spent only a number of hours in the city. for security reasons, they traveled with u.s. military support. four americans were killed
i mean, it's had a booming economy in recent years that has slowed somewhat. it is fighting a kurdish pkk insurgency in other parts of southeastern turkey. it has a booming tourism industry. it does not need a major conflict, another one on its borders with syria right now, which could further destabilize relations with major trading partners like russia and iran, who are strong supporters of the assad regime in syria. >> we'll continue to watch it. ivan watson. ivan, thanks. >>>...
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and so there are positive signs in the economy, but the problem is, this isn't an economy that is operating on all cylinders. >> alison kosik, thank you. want to keep the conversation going because a lot of the discussion about the economy and the numbers has to do with the manufacturing sector. it had been a bright spot in the economy until now. today's unemployment report shows that the drop in manufacturing jobs specifically down 16,000 have -- a plant makes feed covers, commercial furnitures and for this plant they have been expanding, right, ted? >> reporter: absolutely. all good news here in elkhart county, indiana, they got hammered during the recession. we're talking 18.5% unemployment. but here as you mentioned, they're making seat covers for airlines. and for automobiles, and they have a different type of problem now, they have open jobs that they're trying to fill, which weiland designs and they have added 70 positions over the past year. they are trying to add more, but they're having trouble getting people in here. now, the unemployment rate in this county is at 8%, you would t
and so there are positive signs in the economy, but the problem is, this isn't an economy that is operating on all cylinders. >> alison kosik, thank you. want to keep the conversation going because a lot of the discussion about the economy and the numbers has to do with the manufacturing sector. it had been a bright spot in the economy until now. today's unemployment report shows that the drop in manufacturing jobs specifically down 16,000 have -- a plant makes feed covers, commercial...
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the key reason why many consumers are paying down their debt is uncertainty in the economy. >>> first presidential debate is in the bag. many say mitt romney wins in more ways than one. going into the debate, president obama was way ahead of romney in the likability polls. last night, romney one-up the president on his own wedding anniversary. first, obama. >> a lot of points i want to make tonight. but the most important one is that 20 years ago, i became the luckiest man on earth, because michelle obama agreed to marry me. and so i just want to wish, sweetie, you, happy anniversary, and let you know that i year from now, we will not be celebrating it in front of 40 million people. >> romney grabbed the ball, responded in a way that was downright charming. >> and congratulations to you, mr. president, on your anniversary. i'm sure this was the most romantic place you could imagine here, here with me. so i -- congratulations. >> cnn contributor's will cain, roland martin, who leans left, are here to discuss. welcome, gentlemen. >> how are you doing? >> the moment you just played that'
the key reason why many consumers are paying down their debt is uncertainty in the economy. >>> first presidential debate is in the bag. many say mitt romney wins in more ways than one. going into the debate, president obama was way ahead of romney in the likability polls. last night, romney one-up the president on his own wedding anniversary. first, obama. >> a lot of points i want to make tonight. but the most important one is that 20 years ago, i became the luckiest man on...
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and the economy as a whole begins to grow. but to do that and reduce the deficit at the same time, we've got to ask folks who can afford it to do a little bit more. now, last night this may have actually been the real mitt romney because he ruled out raising a dime on taxes on anyone ever no matter how much money they make ruled out closing those loopholes that are giving $4 billion of corporate welfare to the oil companies, refused to even acknowledge the loophole that gives tax breaks to corporations that move jobs overseas. when he was asked what he would do to actually cut spending and reduce the deficit, he said he'd eliminate public television funding. don't boo now. but i just want to make sure i got this straight. he'll get rid of regulations on wall street. but he's going to crack down on sesame street. >> all right. so there's the president of the united states. he's got a good line there about mitt romney. he's been ridiculing mitt romney big time. he did it earlier today. now. something he avoided doing dramaticall
and the economy as a whole begins to grow. but to do that and reduce the deficit at the same time, we've got to ask folks who can afford it to do a little bit more. now, last night this may have actually been the real mitt romney because he ruled out raising a dime on taxes on anyone ever no matter how much money they make ruled out closing those loopholes that are giving $4 billion of corporate welfare to the oil companies, refused to even acknowledge the loophole that gives tax breaks to...
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everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> it's not unusual these days employers use personality tests to screen potential employees. in 2007, a hagerstown impaired woman took a 50 question exam while applying for a job. she was turned down for a cashier job and she claims the test of the discriminatory. she's suing the company that designed the test. our legal guys are back. avery friedman in cleveland and richard herman in las vegas. what was in this test or not in the test that she is alleging trim discriminates her, avery. >> eeoc which enforces the laws against discrimination has regulations, policies that say there has to be a connection between qualifications and the job. you may remember some time back we covered a cas
everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> it's not unusual these days employers use personality tests to screen potential employees. in 2007, a...
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lights out. ♪ (sirens) (train horn) ♪ vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> we're back with tonight's outer circle where we reach out to our sources around the world. we begin in tunisia, where protesters have taken to the streets in support of a woman who was charged with public indecency after she was allegedly raped by police officers. the officers claim they found her in a quote, immoral position. they made that claim after she filed a claim against them. i asked atika shubert if those charges will hold up. >> well, it's really up to the judge. today is only the first of many hearings to determine whether or not this woman will have to face this charge of public indecency. what's so incredible about the story is the sequence of events. this woman says she and her fiance were stomped by three policemen, two of them put her in a police car and then she says they drove around the sea with each policeman taking turns raping her for more than an hour. the third policeman stayed behind with the fiance to e
lights out. ♪ (sirens) (train horn) ♪ vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> we're back with tonight's outer circle where we reach out to our sources around the world. we begin in tunisia, where protesters have taken to the streets in support of a woman who was charged with public indecency after she was allegedly raped by police officers. the officers claim they found her in a quote, immoral position. they...
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that's not a way to build the economy. it's a way to build the economy if you're mitt romney and you want to do it from the top down, but not from the middle out. that's what this debate will be about tomorrow. >> i want to move on. how would you have phrased that one line? what would have been a better way to say it? >> well, look, i'm not going to parse the words of the vice president. i thought it was very clear. i don't think anybody misunderstood what he was talking about. look, the romney campaign is at a point where they true to seize on one syllable or one inflection point to try to make things into this gaffe or that gaffe. i'm happy to have this debate. >> well, robert, we will move on, but you know that both sides pick at that game, picking at every word and every syllable to pick up a gaffe and put out a press release out about it. >> it's been an gold medal olympic sport. >> good one. mitt romney, he may have given us a little preview of what he'll be saying in the debate tomorrow. listen to what he had to say
that's not a way to build the economy. it's a way to build the economy if you're mitt romney and you want to do it from the top down, but not from the middle out. that's what this debate will be about tomorrow. >> i want to move on. how would you have phrased that one line? what would have been a better way to say it? >> well, look, i'm not going to parse the words of the vice president. i thought it was very clear. i don't think anybody misunderstood what he was talking about....
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everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? with a vial and syringe. me, explaining what i was doing at breakfast. and me discovering novolog mix 70/30 flexpen. flexpen is pre-filled with your pre-mix insulin. dial the exact dose. inject by pushing a button. no vials, syringes or coolers to carry. flexpen is insulin delivery my way. novolog mix 70/30 is an insulin used to control high blood sugar in adults with diabetes. do not inject if you do not
everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers....
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cover as much smaller section of the economy. so that survey, which is what gave you the 7.8% number is a very volatile kind of survey. so i wouldn't be at all surprised to see employment survey you have to focus on. i think that is what most serious investors focus on, not the 7.8% number. melissa: if you try to put all the data together, employment reports we're talking about today, gdp number at 1.3%. everything out there that is floating around your interpretation is not that we have a big recovery going on or that we're slipping back into a double-dip recession but rather things are getting better in very slow increments? is that your interpretation. >> that is very well-said. we're grinding forward in this economic recovery. we're looking at an economy that is creating jobs but not sufficient, not at a sufficient enough pace to cover the new entrants into the work first. -- force. what we have is forward momentum. we have slow growth, maybe one to 2% growth in the economy but really nothing that we've seen before in many ge
cover as much smaller section of the economy. so that survey, which is what gave you the 7.8% number is a very volatile kind of survey. so i wouldn't be at all surprised to see employment survey you have to focus on. i think that is what most serious investors focus on, not the 7.8% number. melissa: if you try to put all the data together, employment reports we're talking about today, gdp number at 1.3%. everything out there that is floating around your interpretation is not that we have a big...
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, the economy, the economy, social issues can go by the wayside. maria? >> well, that's such an interesting question, deb, because this is something that i've actually written about. this is where i think republicans have really gotten it wrong. yes, the economy is the number one issue, but guess what, mitt romney has now lost his edge on the economy. and president obama is now outpolling him on who is trusted more with the economy. so with that, what will happen when voters go into the voting booth, they will look at the economy and how both candidates will deal with economic issues, but they will always -- and this is even including when romney had an edge on the economy, they will always look at other issues because american voters are not monolithic. so if you're a latino and you go into the voting booth, you're going look at how these candidates deal with immigration. if you're a woman going into the voting booth, you're going look at how these candidates have treated women's issues. by the way, it wasn't the democrats that put abortion on the
, the economy, the economy, social issues can go by the wayside. maria? >> well, that's such an interesting question, deb, because this is something that i've actually written about. this is where i think republicans have really gotten it wrong. yes, the economy is the number one issue, but guess what, mitt romney has now lost his edge on the economy. and president obama is now outpolling him on who is trusted more with the economy. so with that, what will happen when voters go into the...
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on the economy right now? they were split going into the first debate. we'll take a look at polling coming out that was conducted after the first debate. again, right there, can you see that number. that 48%, that really says it all. the economy is the most important issue on the minds of american voters, and what's the most important economic issue, jobs, randi? >> which is why there is so much heated debate about those most recent jobs numbers. paul, thank you very much. we added 114,000 jobs last month, look at the latest numbers when it comes to jobs in manufacturing. the industry lost 16,000 jobs. but manufacturing is an important industry for many swing states, especially along the rustbelt, including small times like goshen, indiana, where our ted rowlands gives us context to those numbers. >> reporter: this is in elk hart county, indiana, an area absolutely hammeringed during the recession, 18% unemployment at its worse, but things are coming back. here they make things like these seat covers which go
on the economy right now? they were split going into the first debate. we'll take a look at polling coming out that was conducted after the first debate. again, right there, can you see that number. that 48%, that really says it all. the economy is the most important issue on the minds of american voters, and what's the most important economic issue, jobs, randi? >> which is why there is so much heated debate about those most recent jobs numbers. paul, thank you very much. we added...
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it's indicative of a kind of slow-growth economy. i think that republicans still should make jobs issue number one in this campaign because even with a decent number, and by the way, this does probably take away a soundbyte for the republicans, but it's been three and a half years since we have had a a rate under 8%, but it's still a lousy job market for people out there looking. and what we call the broad unemployment rate, that includes people who can't find a full-time job, that's 14.6% or 23 million workers. >> in terms of cooking the books, jack welsh, the former g.e. ceo. saying it's too politically convenient. you can say to them what? >> i don't think there is a conspiracy here. i think it's almost certain there isn't. but what jumped out at people, wolf, in these numbers, is there are two surveys they do. one of businesses and one of households, and the how's hold survey found 875,000 new people working, and people are scratching their heads saying where did that number come from. the other report showed 110,000. >> and some
it's indicative of a kind of slow-growth economy. i think that republicans still should make jobs issue number one in this campaign because even with a decent number, and by the way, this does probably take away a soundbyte for the republicans, but it's been three and a half years since we have had a a rate under 8%, but it's still a lousy job market for people out there looking. and what we call the broad unemployment rate, that includes people who can't find a full-time job, that's 14.6% or...
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from the next economy, to the next generation, we help get... the most out of business, by getting the best out of people. shrm. leading people, leading organizations. >>> reenergized mitt romney capitalizing on his strong debate showing while president obama is suddenly on the defensive. how quickly things can change. what happens next? joining me is democratic strategist and cnn contributor, maria cardona and crystal wright, editor of conservative black chick.com. welcome. >> thank you, piers. >> good to be with you. >> there you are, coaching away with mitt romney and boom, he does the debate of his life. i know you weren't coaching him for this one but you're looking quite happy the way things have progressed on the debate level. >> well, governor romney has gotten better -- he's definitely better since the 2007-08 cycle and across these primary debates, this cycle. he's gotten increasingly better and last night i think he had the best debate performance he has had so far. >> maria, if you are a democrat right now, you're pretty worried, aren't you? it was a very, very bizarre perf
from the next economy, to the next generation, we help get... the most out of business, by getting the best out of people. shrm. leading people, leading organizations. >>> reenergized mitt romney capitalizing on his strong debate showing while president obama is suddenly on the defensive. how quickly things can change. what happens next? joining me is democratic strategist and cnn contributor, maria cardona and crystal wright, editor of conservative black chick.com. welcome. >>...
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and if there are not deductions, and you say it's a good idea to spur the economy, when the economy grew 5 and 6% under reagan, it's because we did significant tax reductions of the upper class. we went from a tax rate of 70 when reagan came in to 50, and we went from 50 to 28 and the economy grew like gangbusters. that's what we need again. >> senator, last night obama reminded romney of what he said in the debates. he said, if you have ten cuts for one revenue increase, you still wouldn't support that. isn't that part of the problem, when you have republicans who say, i won't support any type of revenue increase and wow won't even accept any cuts? that makes no sense. >> well, i think everybody says there has to be some sort of compromise. and the narrative is that we won't compromise. i think we actually do compromise all the time. we compromise to raise military spending and to raise domestic welfare spending. what i would say is the compromise is not to raise taxes, the compromise is reduce military spending and reduce domestic spending. i think i've got some work even on my side on
and if there are not deductions, and you say it's a good idea to spur the economy, when the economy grew 5 and 6% under reagan, it's because we did significant tax reductions of the upper class. we went from a tax rate of 70 when reagan came in to 50, and we went from 50 to 28 and the economy grew like gangbusters. that's what we need again. >> senator, last night obama reminded romney of what he said in the debates. he said, if you have ten cuts for one revenue increase, you still...
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back, keep the economy moving in the right direction. the labor market is clearly improving. frankly, many of us -- i'm sure the president as well would like to see it improving more quickly. but it's unquestionably a recovery, unquestionably moving in the right direction. should it be moving there more quickly? would we like to see that? absolutely. but no question there's positive momentum. >> economists and the cbo have given the projection of roughly 12 million jobs to be added over the next four years. this was the big talking point for mitt romney is he will create these jobs during his presidency. but this is already an established number. that this is coming on the economic path that we're already on. >> effectively, yes. and the private economists and the cb o economists in their budget estimates have put this number out there. and, yeah, the path would allow for that, although we've only recaptured 5 million jobs of the 8 million lost in the recession in the last three or four years. so we don't know what that number is actuall
back, keep the economy moving in the right direction. the labor market is clearly improving. frankly, many of us -- i'm sure the president as well would like to see it improving more quickly. but it's unquestionably a recovery, unquestionably moving in the right direction. should it be moving there more quickly? would we like to see that? absolutely. but no question there's positive momentum. >> economists and the cbo have given the projection of roughly 12 million jobs to be added over...
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what is the shape of the economy? is this an economy you really want to take investment risk in? >> we actually think this is the time to start absorbing more risk. you see that even in some of the style indices, contrarian strategies are just now starting to do better because of the liquidity that we're awash in and also the fact that i think we are getting job growth, albeit slowly. things are improving. >> tom: that's the economy. the earnings play here is pet >> tom: that's the economy. the earnings play here is pet smarlx a nice rally and gained momentum back in late may when it raised its financial outlook and this friday will be added to the s&p 500 him so what's the earnings outlook for pet smart? >> so we think it continues to be strong. remember, this company has had 7% comps, and languishing economic growth. part of the reasons their competition is so weak. either their debt laid ep or have other organizational issues. so our expectation is that the economy does improve that they'll get even stronger. one of the systemic things they're doing is increasing the amount of
what is the shape of the economy? is this an economy you really want to take investment risk in? >> we actually think this is the time to start absorbing more risk. you see that even in some of the style indices, contrarian strategies are just now starting to do better because of the liquidity that we're awash in and also the fact that i think we are getting job growth, albeit slowly. things are improving. >> tom: that's the economy. the earnings play here is pet >> tom:...